Lotes (Taiwan) Market Value
| 3533 Stock | TWD 1,560 10.00 0.65% |
| Symbol | Lotes |
Lotes 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Lotes' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Lotes.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Lotes on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Lotes Co or generate 0.0% return on investment in Lotes over 90 days. Lotes is related to or competes with Unimicron Technology, Alchip Technologies, Nan Ya, Global Unichip, and Jentech Precision. LOTES Co., Ltd. designs, manufactures, and sells connectors and CPU sockets for notebook and personal computers, mobile ... More
Lotes Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Lotes' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Lotes Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0224 | |||
| Maximum Drawdown | 17.67 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 4.91 |
Lotes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lotes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lotes' standard deviation. In reality, there are many statistical measures that can use Lotes historical prices to predict the future Lotes' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.4001 | |||
| Treynor Ratio | 0.1484 |
Lotes Backtested Returns
Lotes has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12 % return per unit of risk over the last 3 months. Lotes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lotes' Risk Adjusted Performance of (0.01), mean deviation of 2.26, and Standard Deviation of 3.01 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lotes are expected to decrease at a much lower rate. During the bear market, Lotes is likely to outperform the market. At this point, Lotes has a negative expected return of -0.34%. Please make sure to verify Lotes' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Lotes performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Lotes Co has good predictability. Overlapping area represents the amount of predictability between Lotes time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lotes price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Lotes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 9784.53 |
Lotes lagged returns against current returns
Autocorrelation, which is Lotes stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Lotes' stock expected returns. We can calculate the autocorrelation of Lotes returns to help us make a trade decision. For example, suppose you find that Lotes has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Lotes regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Lotes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lotes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lotes stock over time.
Current vs Lagged Prices |
| Timeline |
Lotes Lagged Returns
When evaluating Lotes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lotes stock have on its future price. Lotes autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Lotes autocorrelation shows the relationship between Lotes stock current value and its past values and can show if there is a momentum factor associated with investing in Lotes Co.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Lotes Stock Analysis
When running Lotes' price analysis, check to measure Lotes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lotes is operating at the current time. Most of Lotes' value examination focuses on studying past and present price action to predict the probability of Lotes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lotes' price. Additionally, you may evaluate how the addition of Lotes to your portfolios can decrease your overall portfolio volatility.